Catherine Shu, TechCrunch

Catherine Shu

TechCrunch

Taiwan, Province of China

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Recent articles by Catherine:

Taiwan’s entrepreneurs move forward after tense presidential election –

Last Saturday, Taiwanese voters re-elected President Tsai Ing-wen to her second term after an election that split the country among generational and ideological lines. A crucial issue were the differences in how Tsai, a member of the Democratic Progressive Party (DPP), and her main opponent, Han Kuo-yu of the Kuomintang (KMT), approach Taiwan’s fraught relationship […] → Read More

Chinese podcasting and audio content app Lizhi debuts on Nasdaq –

Lizhi, one of China’s biggest audio content apps, is debuting on Nasdaq today under the ticker symbol LIZI. It is the first of its major competitors, Ximalaya and Dragonfly, to go public (though Ximalaya is expected to also list in the United States later this year). Lizhi is offering 4.1 million shares at an IPO […] → Read More

Caregiving startup Homage raises $10 million Series B to enter new Asian markets –

In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared for relatives are unable to because they need to work or live far away. Homage […] → Read More

Sony Interactive will skip E3 again this year –

Sony Interactive Entertainment will skip E3 again this year and participate instead in “hundreds of consumer events across the globe,” the company told GamesIndustry.biz today. The company, which is preparing to launch the PlayStation 5 before this holiday season, missed the show for the first time last year, after two decades of being one of […] → Read More

Why the world must pay attention to the fight against disinformation and fake news in Taiwan –

On Saturday, Taiwan will hold its presidential election. This year, the outcome is even more important than usual because it will signal in which direction the country’s people want its relationship with China, which claims Taiwan as its territory, to move. Also crucial are efforts against fake news. Taiwan has one of the worst disinformation […] → Read More

Samsung shipped more than 6.7 million Galaxy 5G smartphones in 2019 –

Samsung Electronics announced today that it shipped more than 6.7 million Galaxy 5G smartphones in 2019, surpassing expectations set by the company earlier. In September, Samsung Electronics vice president JuneHee Lee suggested that more than two million Samsung 5G smartphones had already been sold during remarks at IFA, and that the company expected to double […] → Read More

Uber and Postmates claim gig worker bill AB-5 is unconstitutional in new lawsuit –

Postmates and Uber have filed a complaint in California federal district court, alleging that a bill limiting how companies can label workers as independent contractors is unconstitutional. The complaint, which includes two gig workers as co-plaintiffs, was filed in U.S. District Court on Monday, days before Assembly Bill 5 (AB-5) is due to go into […] → Read More

Grab and Singtel team up to apply for a digital full bank license in Singapore –

Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together. If approved, the license will allow them to offer simple credit and investment products, before progressing to a full-functioning bank if they meet the Monetary Authority of Singapore’s (MAS) criteria. Grab will […] → Read More

2020 will be a big year for online childcare — here are 7 startups to watch –

Over the weekend, media and digital brand holding company IAC announced that it had agreed to buy Care.com, which describes itself as “the world’s largest online family care platform,” in a deal valued at about $500 million. Despite being the best-known marketplace in the United States for finding child and senior caregivers, Care.com has spent […] → Read More

Will audio livestreaming take off in America? –

For many podcast listeners, following their favorite shows is a solitary experience. A recent survey of 2,000 users by the University of Florida College of Journalism and Communications found they listened to podcasts most often at home, during commutes or while exercising. Over the past couple of years, however, a new trend, audio livestreaming, has […] → Read More

Amazon’s third-party merchants are now barred from using FedEx Ground for Prime shipments –

Third-party vendors were told by Amazon over the weekend that they are barred from using FedEx’s ground delivery services for Prime shipments. The Wall Street Journal reports that a message sent by Amazon to merchants on Sunday said the ban will last “until the delivery performance of these ship methods improves.” The e-commerce platform will […] → Read More

Electric vehicle startup Nio lays off 141 employees at its North American headquarters –

Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment Development Department of California, the employees at Nio’s San Jose office received notice on December 6. Nio, whose global headquarters are in Shanghai, announced last month that it is partnering with Intel’s Mobileye to develop […] → Read More

Style Theory, a fashion rental startup in Southeast Asia, raises $15 million led by SoftBank Ventures Asia –

Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group, with participation from other investors, including Alpha […] → Read More

Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer –

Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology (IGT PLC), the multinational gaming machine company. Fornaro succeeds Richard Song, who joined Coupang in 2011 and is retiring. Coupang is Korea’s largest e-commerce platform. […] → Read More

Billie Eilish, Lizzo and Lil Nas X are the winners of the first Apple Music Awards –

Apple now has its own music awards, with winners picked by Apple Music’s editorial team or based on streaming data from the service. The first recipient of its top award, Global Artist of the Year, is Billie Eilish. The Apple Music Awards will be streamed live on December 4 at 6:30PM Pacific Standard Time from […] → Read More

TikTok apologizes for removing viral video about abuses against Uighurs, blames a “human moderation error” –

TikTok has issued a public apology to a teenager who had her account suspended shortly after posting a video that asked viewers to research the persecution of Uighur people and other Muslim groups in Xinjiang. TikTok included a “clarification on the timeline of events,” and said that the viral video was removed four days after […] → Read More

Anti-money laundering software startup TookiTaki raises $11.7 million in additional Series A funding –

TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million in additional Series A funding, led by Viola Fintech and SIG Asia Investment, with participation from Normura Holdings. Existing investors Illuminate Financial, Jun… → Read More

Leaked Chinese government documents detail how tech is used to escalate the persecution of Uighurs –

In less than two weeks, two major reports have been published that contain leaked Chinese government documents about the persecution of Uighurs and other Muslim minorities in China. Details include the extent to which technology enables mass surveillance, making it possible to track the daily lives of people at unprecedented scale. The first was a […] → Read More

Lucence raises $20 million Series A for its non-invasive cancer screening technology –

Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world’s largest integrated private healthcare groups. Other participants included SGInnovate and returning investors Heliconia Capital (a subsidiary of Temasek Holdings), Lim Kaling and Koh […] → Read More

Robotics startup Picnic, known for its automated pizza assembly system, raises $5 million –

Picnic, a robotics startup that focuses on food production, announced today that it has raised $5 million in additional seed funding. The new round was led by Creative Ventures, with participation from Flying Fish Partners and Vulcan Capital. The company also said it has hired Kennard Nielsen, a product engineer who worked on the first […] → Read More